Private placements

Securities and Exchange Commission Chair Jay Clayton seemed noncommittal on a proposed exemptive order for municipal advisors.

Competitive pricing and speed convinced the owners of the Carlsbad, California, plant to use a taxable bank loan instead of tax-exempt debt.

At the SEC's invitation, Bond Dealers of America submitted a proposed framework for an exemptive order aimed at muni advisors on private placement deals.

Mayor Karen Freeman-Wilson said the city is forging ahead with the transaction to raise money to help pay its bills.

Top Preston Hollow Capital and Nuveen officials take to the witness stand.

The two-day trial in PHC’s antitrust lawsuit against Nuveen is set to begin unless the two sides reach a last-minute settlement.

The bipartisan legislation would increase the bank-qualified cap to $30 million from $10 million, a high priority for several muni market groups.

The case's primary claim of anti-trust violations is potentially headed to trial later this month.

The recorded conversations document Nuveen's efforts to choke off Preston Hollow's access to capital and block what it considered predatory lending practices.

The court put off a formal ruling for 10 days but made clear it expects to lift the confidentiality seal on bank transcripts with only limited redactions.

The tapes, according to Preston Hollow, demonstrate the success of Nuveen's strong-arm tactics to protect its high-yield market share.

The court shouldn't accept banker Peter Cannava's "narrow and cramped view of materiality,” the SEC urged.

Nuveen, in its defense against Preston Hollow's lawsuit, says its conduct in the fight for bond business was legal whether the other firm likes it or not.

Cannava argues that emails, witness statements, and other evidence cast doubt on the SEC's claims that he acted recklessly.

Private placements and direct bank loans allow more direct investor communication for issuers of all stripes, advocates say.

Recent upheaval in senior management at Michigan State University won’t impact the timeline to sell bonds to fund sex-abuse settlements.

S&P Global Ratings cut Coralville to speculative grade citing the added debt burden and financing risks.

The city’s incentive plan supports a $5 billion proposal to fill a 40-acre low-lying hole in downtown with a mixed-use development.

After years of struggling, Columbus-based Ohio Dominican University is showing signs of turning around enrollment declines.

The placement carries a maturity of up to two years, and a Michigan State spokeswoman said the school will eventually issue long-term bonds.